sport football: The Fed Just Flipped the Liquidity Switch Back On

It's a mistake not taking Federal Reserve Chairman Jay Powell seriously.

He shocked the market on Wednesday by pushing back against a December rate cut as a forgone conclusion.

This rattled the market. But it was more of an emotional blow than a physical one.

What I mean by that is we're only a couple of percent off the highs… But for many, it "feels" like a market crash.

Clearly, it's not. That goes to show you how brittle investor sentiment is right now.

Personally, I'd love to see a cathartic sell-off. The market needs a good cleansing.

Valuations are crazy. Sentiment swings from wild bullishness to end-of-days bearishness in a heartbeat.

A good old-fashioned market crash is just what this market needs to reset sentiment and unearth a few honest-to-goodness bargains.

Will we get it? It's really tough to say.

Everyone has been brainwashed into buying any and every dip, no matter how minor. I think it will take something currently unseen by the market to give it the rattle it needs to reset prices and sentiment.

One thing to keep an eye on is if the market truly begins to believe Jay Powell is done lowering rates. That could be fuel for a quick 5-10% drop. But right now, everyone believes Chairman Powell will cut rates in December.

I'll go back to what I said at the beginning of this essay: It's a mistake to not take the Fed chair seriously. He's independently wealthy, has no political ambitions, and is reliant on no one.

That's a man who can make any decision he wants without fear of professional or financial repercussions.

For the stock market bulls, that makes him the most dangerous man in finance right now.

Big T Issues AI Warning for November

In 2015, Teeka Tiwari predicted the rise of AI and singled out Nvidia before it soared 24,037%.

Now, he's back with what could be the biggest AI prediction of his career.

Teeka believes a single event on November 19 involving the man many call "the Steve Jobs of AI" will trigger the final phase of this AI boom.

But here's the twist… It won't come from AI stocks.

According to Big T, the biggest gains will come from a special set of coins that are quietly combining blockchain with AI — and positioning early investors for what he calls "the next Nvidia-level breakout."

On Wednesday, November 12 at 8 pm ET, Teeka's hosting a free online strategy session where he'll reveal:

The little-known AI coins crushing the hottest AI stocks out there, in some cases returning 500 times more money…
Reveal the hot new AI application that's helping drive these coins to the moon. HINT: The CEO of Nvidia predicted this will be a multi-trillion dollar opportunity…
His top six AI coins for 2026 and even give away a free pick that will give you direct exposure to what has been called "the future of AI."

If you missed the early AI stock boom… this is your shot at redemption.

SECURE YOUR SPOT NOW

A Silver Lining for the Bulls

While Wall Street is fretting over whether more rate cuts are coming in December, they're missing out on what could be a far more bullish development for asset prices.

As I'm sure you already know, on Wednesday, October 29, the Fed cut interest rates by another 25 basis points.

That's 50 basis points (half a percent) in cuts in two months. That's pretty aggressive. But what came next was even more aggressive and – so far – is being ignored by the market.

Chairman Powell revealed that on December 1, the Fed will end the reduction of its balance sheet. Here's what that means in plain English…

The Fed has $6.7 trillion in assets on its balance sheet. In 2022, that number was $9 trillion. That $2.3 trillion drop in assets came from allowing bonds on its balance to mature without reinvesting the proceeds.

This is called "balance sheet runoff." It's considered a form of quantitative tightening because it pulls liquidity (money) out of the financial system.

Chair Powell announced that the Fed will freeze its balance sheet. That means as bonds mature, they'll take that money and reinvest it in short-term government bonds (Treasury bills).

This reinvestment of proceeds "freezes" the Fed balance sheet at its current size.

This is the opposite of quantitative tightening (pulling money out of the system). It's a form of quantitative easing (putting money into the system).

To be clear, it's more of a reshuffling of balance sheet assets (rather than full-blown money printing) from agency and mortgage bonds into U.S. government Treasury bills.

Here's why it matters: History shows when the Fed goes from tightening to easing, liquidity floods in… and markets explode higher – even mature bull markets like this one.

Remember, we're seeing rate cuts and quantitative easing during a bull market. That doesn't happen very often. Rate cuts are generally used after or during some type of economic or financial calamity.

Back in 1995, the Fed cut rates in the middle of a roaring bull market that had been going on since 1982. The experts said it was reckless. The bears said it would end in disaster.

But instead of crashing, the market caught fire.

After that rate cut, the tech-heavy Nasdaq surged as much as 449% over the next four years.

The result? The late-1990s melt-up minted an entire generation of internet millionaires.

Friends, that liquidity wave powered the latter stages of the internet boom. The parallels to today's market are uncanny.

In 1995, it was internet stocks driving the market to new highs. Today, it's artificial intelligence (AI) companies.

And on December 1, the Fed will quietly begin loosening the liquidity hose again… ending quantitative tightening.

And even if the Fed doesn't cut in December, Chair Powell's term in office will be over in May 2026. Whether Chair Powell likes it or not… An ocean of new money will flood into the system next year.

The End of the AI Boom?

Every major boom ends in fear.

And right now, headlines everywhere claim the AI boom is over.

Teeka Tiwari says they're dead wrong. He believes a critical event on November 19 involving the man dubbed "the Steve Jobs of AI" will ignite the final and most explosive phase of this megatrend.

But here's what almost no one sees coming… The biggest gains won't come from AI stocks.

They'll come from a handful of AI-linked coins quietly merging blockchain with artificial intelligence — and Teeka believes they could soar next.

Join him on Wednesday, November 12 at 8 pm ET for a free online strategy session where he'll reveal his top six AI coins and why this next phase could dwarf everything that's come before.

During this event, he'll share:

The little-known AI coins crushing the hottest AI stocks out there, in some cases returning 500 times more money…
Reveal the hot new AI application that's helping drive these coins to the moon. HINT: The CEO of Nvidia predicted this will be a multi-trillion dollar opportunity…
His top six AI coins for 2026 and even give away a free pick that will give you direct exposure to what has been called "the future of AI."

RESERVE YOUR FREE SEAT

The Fed Just Ushered in the Final Phase

The October rate cut, combined with Chair Powell's move back toward quantitative easing, is setting the stage for a powerful rally in all assets.

But the biggest gains won't come from the stock market… But rather from a small, overlooked sector of the crypto market.

And it all lines up with a major event on November 19.

I believe it will trigger what I call "The Final Phase" of this AI bull market. Again, the next round of big gains will NOT come from Nvidia or the AI stocks everyone already owns.

Nvidia was cheap when I recommended it back in December 2015 when it was a relatively unknown company and traded at a split-adjusted price of 80 cents. Today, it's the most valuable company in the world with a market cap of nearly $5 trillion.

For you to make 10x your money in Nvidia, it would need to increase its market cap to $50 trillion. That's more than two times bigger than EVERY company on the Nasdaq 100 – combined.

Instead, I believe the biggest gains of "The Final Phase" will come from a special class of AI-linked altcoins trading for less than $1.

To prepare you for this event, I'm hosting a free strategy session called "The Final Phase" at 8 p.m. ET on Wednesday, November 12. (You can reserve your seat here.)

During this briefing, I'll reveal exactly what's happening on November 19… why it could rival the 1995 tech-boom breakout… and how you can position yourself before the window closes.

As a bonus, I'll even give away the name of one of my top AI-coin picks completely free – no strings attached. And you don't want to miss this because when I give away a pick, it has real value. In the past, my free picks have had an average peak gain of about 784%.

Make sure you bring a pen and pad to write down that name. And have your questions ready for a bonus Q&A session I'll have after the briefing.

So mark your calendar for Wednesday, November 12.

Because when the Fed's easing cycle collides with the November 19 trigger, I believe we'll witness the start of a generational rally in these AI coins.

Let the Game Come to You!

Big T